The correct statement is that it will take 10.155 years to accumulate $3000 on an initial investment of $2000 for the down payment of the car. Future value will be calculated for this purpose. The correct option is C.
The computation will be done by calculating the future value by the way of applying the given information to the formula of calculation of future value of the deposit. We are using an optional method for this calculation.
<h3>Calculation of future value </h3>
- The future value of an annuity deposit can be calculated by using the formula given below and applying the values given to us in the information regarding the deposit,
- So, it can be concluded that it will take about 10 years for the amount to become $3000 at the rate of 4 percent.
Hence, the correct option using the substitution method of future value is C that it will take 10.155 years for the amount to become $3000 over an annual interest rate of 4 percent compounded monthly.
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brainly.com/question/1759639
The most frequently reported relational maintenance strategy is OPENNESS IN COMMUNICATION.
Relational maintenance strategies refers to the methods used by individuals to keep their relationships with other people alive. There are different types of relational maintenance strategy, these include: assurance, positivity, openness, sharing tasks and activities and social network.
Answer:
Working Capital will be overstated by the amount of $40.
Explanation:
Of the two the adjusting entries, we need to identify the adjusting entry that affects any element of Working Capital (Current Assets or Current Liability).
Depreciation Entries include : Debit Depreciation Expense (Expense) $10 and Credit Accumulated Depreciation $10.
Cash Dividends Declared Entries include : Debit Dividend (Equity) $40 and Credit Shareholders for Dividends (Liability) $40.
Thus, the Liabilities will be understated due to omission of Cash Dividends Declared Entries.
Subsequently, Working Capital will be overstated by the amount of $40.
Answer:
if I learned to communicate better I would have more patience
Explanation:
if I were to communicate better I would have more patience with people it would help me understand other people's thoughts feelings and needs as well if I communicated my own thoughts feelings and needs it builds better relationships
